Why Saudi Arabia’s oil exports to China may drop to a one-year low in April
Trade sources revealed on Thursday that Saudi Arabia, the world’s largest oil exporter, is expected to see a significant decrease in its crude oil shipments to China in April, according to a Reuters report.
S&P lifts Saudi Arabia's rating on sustained economic shift away from oil
Global ratings agency S&P raised Saudi Arabia's rating to 'A+' from 'A' with a stable outlook on Friday, underpinned by the ongoing social and economic transformation in the country. Fitch said the country's Vision 2030 project provides some flexibility in managing capital expenditure and debt issuance.
S&P upgrades Saudi Arabia’s credit rating to A+
S&P Global Ratings has upgraded Saudi Arabia’s long-term sovereign credit rating to ‘A+’, citing the Kingdom’s sustained socioeconomic and capital market reforms under Vision 2030.The outlook remains stable,
S&P upgrades Saudi Arabia's credit rating after two years on economic diversification efforts
S&P Global Ratings has raised Saudi Arabia’s credit rating for the first time in two years, citing the country’s economic diversification efforts and growth of its non-oil economy. The agency upgraded the kingdom’s rating to ‘A+’ from ‘A’ with a stable outlook on strengthened institutional settings amid Vision 2030 reforms,
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Iraq’s oil exports to US hit 4.9 million barrels in February
The EIA revealed on Sunday that Iraq exported nearly five million barrels of oil to the United States in February 2025.
Saudi crude oil supply to China to slump in April, sources say
Saudi Arabia's shipments of crude oil to its biggest customer, China, are expected to drop in April to their lowest in more ...
Oil, dollars, and debt: How safe is the Middle East from the global trade war?
The blow to growth from a trade war is likely to hurt the price of oil – the mainstay of the region’s economy.
Alert: Saudi Arabian oil giant Aramco reports a $106.25 billion profit in 2024, down 12% from prior year on lower energy prices
DUBAI, United Arab Emirates (AP) — Saudi Arabian oil giant Aramco reports a $106.25 billion profit in 2024, down 12% from prior year on lower energy prices.
Saudi Arabia cuts oil prices to Asia for first time in three months
Saudi Arabia, the world's top oil exporter, on Friday lowered crude oil prices for Asian buyers in April for the first time ...
OPEC+ will start long-delayed oil production hike
A group of oil-producing countries known as OPEC+ will proceed with a long-delayed hike in oil production. Eight countries ...
Saudi Arabia's state oil company slashes dividend amid declining profits
The result is a blow to Riyadh, which is attempting a major economic overhaul meant to rapidly reduce the kingdom's reliance ...
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Saudi Arabia Cuts Oil Prices for Asia as OPEC+ Output Inches Up
Saudi Aramco has reduced its crude oil prices for Asian buyers, its first cut in three months, to maintain competitiveness amidst OPEC+ production increases and shifting global supply dynamics.
Saudi Arabia's Non-Oil Private Sector Growth Remains Robust in February, PMI Shows
DUBAI (Reuters) - Saudi Arabia's non-oil private sector continued its robust expansion in February, driven by strong customer ...
Oil Prices Slide on Jitters Over Trump’s Tariffs and OPEC Increases
The international benchmark fell to its lowest point since 2021 after a decision by Saudi Arabia and other producers to pump ...